Replies to post #7763 on Fannie Mae-No Politics (FNMA)

[KELLYCO]

What makes you think there will be less availability for first time home buyers ?
If you knew what really goes on you would know that there has been so much money available but it has been pilfered by the big banks.

http://www.nytimes.com/2006/10/18/nyregion/18stuyvesant.html?ex=1318824000&en=cd6eddb4a90ebeaa&ei=5090&partner=rssuserland&emc=rss

http://abcnews.go.com/Business/wireStory?id=9651726

This is just one example how investment capital has been used for realestate.

Wouldn't it be better to invest that money in home mortgages?